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this done. they know pretty much what has to be done. and they would like to see us just do it. and get out of here. >> congressman, are the outs in the favor of this two-step process of getting something done that will save the majority of americans 98% from tax increases come the new year? is that mainly the game plan at this point, with time running down? >> well, i hope it is. i would love to see a big deal. you know, i served on the so-called supercommittee. i was a member of the biden group. and throughout all of that, we were working on how to get to a big deal. but even back then, we were looking at a $1.2 trillion deal to just get beyond the so-called sequestration. and that would be a down payment on the bigger deal to come later, getting up around $4 trillion to $5 trillion. so i think that's still there. so i think it's still a two-step process. we may be talking different numbers. >> right. >> but there's always going to be two steps. >> we just heard from south carolina, senator jim demint who is going to predict that they get their wish. also accusing the president of intenti
he met with jack and the rest of the team and i hope you get the same sense and commitment from us as we engage with you. there aren't a lot of wall flowers in here, we're eager for a two-way exchange nonetheless and hopefully your takeaway will be a useful purpose in the dialogue so i'm shortening up my speech significantly so mr. president, thank you again for joining us today, we'd love to hear from you. [ applause ] >> well, good morning, everybody. it is great to see awful you. many of you have had a chance to see individually or in small groups over the last several months but it's good to be back at the business roundtable. jim, thanks for your leadership. originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say, but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and spend most of our time just having a conversation. let me begin by saying that all of you in this room are not just business leaders, not just ceos of your
this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congressman barney frank of massachusetts. it is good to see you, congressman. good evening. >> thank you. >> you're coming -- the senate's coming back at 11:00 tomorrow morning. what are chances there will be something to vote on, do you think? >> i think there are very good chances there will be something to vote on. the question is whether it will be a bipartisan agreement or simply the senate democrats putting a vote and hoping republicans will vote for it. trying to get an agreement is difficult because that gives right wing of the republican party this big veto. a number of republican senators, not just those generally considered to be moderate, have said that they agree that it is important now to keep taxes f
violence and an organizer with 1 million moms for gun control. >> they can keep pushing us and bumping us and moving us back. >> it's the holidays, you want to get home, but at the same time, what are you going to do? >> on this holiday weekend, thousands of flights delayed and we're watching that as the winter stom wallops the midwest and good day to you. i'm richard lui. the stalled fiscal cliff debate and the january deadline now just ten days away. president obama and his family are vacationing in hawaii and congress is on holiday recess after no new breakthrough and both sides are holding out and they'll be able to reach a deal. >> call me a hopeless optimist, but i actually still think we can get it done. >> of course, hope springs eternal and i know we have it in us to come together and to do the right thing. >> nbc's kristin welker is in hawaii and the president is still in talks while he's there or are the the talks on hiatus? >> richard, my sources tell me this is very much a working vacation for president obama and at this time there's no conversation between the president and
to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think that was the strategy a week ago. i think the speaker was trying to put the deal together, as we've seen the senate not -- i think that may become the strategy. i've always thought they would wait until the last hour, put a band eight on it, but wait until the iii so they can vote for a tax cut makes sense as w
next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night because everything seems to be at a standstill right now. let's review the bidding. here it is from a republican source here on the republican side of capitol hill. all day yesterday they were trading proposals back and forth. by his count two democratic offers came back to republicans and four came back from republicans to democrats. the last one being at 7:00 last night, and, boom, after that, things pretty much came to a standsti standstill. no offers. republicans say they have not heard from democrats since then. mitch mcconnell, of course, the republican leader here in the senate, has said he has reached out to joe biden, the vice president, an
Search Results 0 to 5 of about 6